Q&A Forum

Food for thought about a 20 year old...

A $10,000 investment in Amazon.com Inc. 20 years ago would be worth $4.9 million today. Good luck finding an Amazon investor who can brag about a return like that. Today is the 20th anniversary of Amazon’s initial public offering. Its vertiginous stock chart is a reflection of the internet giant’s dominance.

Answers

Amazon is the best example of why the shareholder primacy and maximization of shareholder returns business concepts are FLAWED.

I think that Bezos' 1997 shareholder letter should be a must read and should be included in B-school curricula. His 2017 letter is no different and just a reminder on how to approach and run a busines.

Amazon and so many other tech companies have reached their size and value FASTER than any company in history.

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